Auto Trader Group plc has announced the purchase of 278,000 of its ordinary shares for cancellation at an average price of 816.2904 pence per share. Following this transaction, the company now has 899,097,855 ordinary shares in issue and holds 4,453,965 ordinary shares in treasury, resulting in a total of 894,643,890 voting rights. This information may be used by shareholders to determine if they are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.
The detailed schedule of purchases made by Merrill Lynch International on behalf of the company as part of the buyback program has been provided. The individual transactions include the number of shares purchased, transaction prices per share, time of transaction, and execution venue. The company's Company Secretary, Claire Baty, can be contacted for further inquiries at 0345 111 0006.
The schedule of purchases reveals a series of transactions with varying numbers of shares and prices per share, all executed on the XLON venue. The prices per share range from 812.8000p to 821.4000p, with a significant number of shares being purchased at 816.2904 pence per share, the average price for the buyback.
This announcement aligns with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) and provides transparency regarding the company's buyback program. The disclosed information allows shareholders and the public to understand the specifics of the share purchases and the resulting impact on the company's shareholding structure.